The election in the UK is now less than two weeks ahead, on June 8th, followed three days later by the first round of the French parliamentary election on June 11th, with the second and final round on June 18th. An election in Italy, which many did not expect to occur until early 2018, now may…

The main surprise in the minutes of the FOMC’s May meeting, released last week, was the brief discussion of a staff presentation outlining a proposed approach to normalizing the Fed’s balance sheet when the Fed stops reinvesting maturing securities. Briefly, the proposal is to establish an…

Garrett Graff’s recent article in Politico magazine offers a telling glimpse into the character and ethics of two key players in the investigation of President Trump’s connections to Russia. Flashback to March 2004:

GIC saw a great start to the new year with programs in Philadelphia, Sarasota, and our first event in San Diego, as well as conferences in Singapore and Madrid. We welcomed an impressive lineup of speakers to discuss topics such as Chinese direct investment, financial technology, monetary policy…

The words are powerful as is the concept. “Obstruction of justice” is a term in law.

The pace of global economic growth is picking up after several years of weak performance.  First-quarter results indicated a widespread advance at a modest pace, and leading indicators for the first month of the second quarter confirm the continuation of a solid and broad-based expansion in both…

President Trump’s firing of FBI Director James Comey sent a shot across Washington’s bow last week. Republicans and Democrats alike questioned the timing of the action and professed unease with the firing. Where the fallout from this episode ends up is open to speculation. Whether Congress…

See Gifted.

Go right now. Do not pass “Go.” Do not wait.

Watch it in the theater, get it on Netflix or download it somehow. But whatever you do, see it.

A movie that stars a 7-year-old. A movie without lots of guns and explosions. A movie that asks you to think about…

We’ve had seven client/consultant/prospect speeches and meetings in the last week. The hottest topic has been the Federal Reserve’s balance sheet and what changes in it will mean for markets.

Here are some points to consider. Some are retrospective, and some are prospective and therefore…

A year ago in May we published a “sell in May” portfolio that alternated between the Consumer Staples sector and the S&P 500. (See cumber.com/sell-in-may-but-dont-go-away/.) The concept was simple: Get defensive during a more volatile period, namely May–October. This year we want to share a…